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26 August, 08:10

Jim just found a job with a take-home pay of $950 per month. He must pay $400 for rent and $100 for groceries each month. He also spends $100 per month on transportation. If he budgets $50 each month for clothing, $100 for restaurants and $50 for everything else, how long will it take him to put together emergency savings of $1,500?

A. 12 months.

B. 15 months.

C. 10 months

D. 5 months.

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  1. 26 August, 10:40
    0
    C-10 months

    400+100+100+50+100+50=800 so $150 is left over each week so, 1500/150 is 10
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